Applied Industrial Technologies (AIT) Tops Q1 EPS by 10c
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Applied Industrial Technologies Reports Fiscal 2018 First Quarter Results
October 25, 2017 6:30 AM EDTNet Sales of $680.7 Million Up 8.9%Net Income of $33.7 Million Up 23.2%; EPS of $0.86 Up 22.9%Updates Full-year GuidanceDeclares Dividend of $0.29
CLEVELAND, Oct. 25, 2017 (GLOBE NEWSWIRE) -- Applied Industrial Technologies (NYSE: AIT) today reported first quarter fiscal 2018 sales and earnings for the three months ended September 30, 2017.
Net sales for the quarter grew 8.9% to $680.7 million from $624.8 million in the same quarter a year ago. The overall sales increase for the quarter reflects a 0.8% increase from acquisition-related volume and favorable... More
